Yes. As you would expect, like most alternative investments that seek to provide high-yield returns in the specialty-lending market, Yieldstreet investments have experienced defaults.
Defaults do happen. Our investments target high-yield returns that present a greater risk of Borrower default than other debt investments that may bring comparatively less risk but also target lower returns. In every instance, we seek to minimize the risk of default, and where faced with default, support the Originator’s efforts to work with the Borrower to recover principal at the stated target interest rate to the greatest extent possible.
To learn more about the default process, we recommend you read our article here.
Investors must manage their investment performance expectations and consider the risk of defaults to make an informed decision when investing with us.